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UPS takes minority stake in self-driving truck startup TuSimple

UPS takes minority stake in self-driving truck startup TuSimple UPS said Thursday it has taken a minority stake in self-driving truck startup, TuSimple, just months after the two companies began testing the use of autonomous trucks in Arizona. The size of minority investment, which was made by the company’s venture arm UPS […]

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Move over notch, the hole-punch smartphone camera is coming

Move over notch, the hole-punch smartphone camera is coming First it was the notch, now the hole-punch has emerged as the latest tech for concealing selfie cameras whilst keeping our smartphones as free of bezel as possible to maximize the screen space. This week, Samsung and Huawei both unveiled new phones that dispense with […]

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The forgotten ‘Facebook of China’ is sold for $20M

The forgotten ‘Facebook of China’ is sold for M Renren, which was once heralded as the ‘Facebook of China’ and later became China’s answer to MySpace after falling out of fashion among its core young users, is selling its social networking business. Renren’s parent company Beijing Qianxiang Wangjing has agreed to sell […]

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Chinese social media giant Weibo is raising $700M to fund acquisitions

Chinese social media giant Weibo is raising 0M to fund acquisitions  Weibo, the Twitter-like Chinese social network that is profitable unlike Twitter, is raising $700 million as it looks for acquisitions to continue the rocket ship growth its business has seen in 2017. The Beijing-based company, which is listed on the NASDAQ […]

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